Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Monthly Dividend of $0.07 (NYSE:EXG)

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be paid a dividend of 0.0657 per share by the financial services provider on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 0.9%

EXG traded down $0.09 on Tuesday, hitting $9.66. The company had a trading volume of 296,448 shares, compared to its average volume of 549,367. The company’s fifty day moving average price is $9.45 and its 200 day moving average price is $9.15. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 1-year low of $6.74 and a 1-year high of $9.78.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Black Diamond Financial LLC bought a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 4th quarter worth $157,000. Truist Financial Corp boosted its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 4.3% in the fourth quarter. Truist Financial Corp now owns 207,776 shares of the financial services provider’s stock valued at $1,932,000 after acquiring an additional 8,557 shares during the period. Mcdonald Partners LLC acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the fourth quarter worth $164,000. D.A. Davidson & CO. increased its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 5.3% during the fourth quarter. D.A. Davidson & CO. now owns 95,226 shares of the financial services provider’s stock worth $908,000 after acquiring an additional 4,767 shares during the period. Finally, Concurrent Investment Advisors LLC acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter valued at $95,000.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.

The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.